Development of Production Infrastructure (DPI) Scheme for Enterprises in India

Ministry

Ministry of micro, small and medium enterprises

Description

Coir Board is implementing the plan scheme ‘Development of Production
Infrastructure’ with the objective of providing modern infrastructure
facilities to coir production units, resulting in improvement of
productivity and quality and also in the creation of employment
opportunities especially for women in the rural areas.

Sponsored By

Central Government of India

Objective

Provides modern infrastructure to production units leading to improved
productivity, quality and employment opportunities

Eligibility

All new coir processing units registered with Coir Board under Coir
Industry (Registration) Rules, 2008, and registered with the DIC of the
respective region of the entire coir sector of the country with project
cost exceeding Rs.5 lakh each is eligible for assistance under the
scheme.

Beneficiaries

Benefits

Under the DPI scheme, the Coir Board provides financial assistance to
the coir production units @ 25% of the cost of equipment subject to a
maximum of Rs.6 lakh for setting up of a defibering unit, Rs.4 lakh for the
automatic spinning unit, and Rs.5 lakh for others including coir pith. For
a composite or multiple units the maximum the ceiling of financial
assistance is Rs.9 lakh. The scheme also provides for extending financial
assistance up to Rs.2 lakh for modernisation/renovation of the existing
units.

Vishal Hule is the founder of www.newincept.com. He is from Pune. Vishal Hule is Software Engineer by profession and political enthusiast too.His blog, www.newincept.com receives 2,50,000 to 2,70,000 Pageviews/month.